- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
No, you still use Form 1098-T to claim an education credit if you are eligible.
You can apply the 2,000 scholarship against the expenses you claim, although that is not required and would not be advantageous.
The 2,000 1099-MISC does not put the dependent student over the filing threshold since scholarship income is treated as earned income when computing the filing threshold. The student would not be required to file if that is her only income.
If you also have a 1099-Q showing a distribution form a savings account, that distribution can be applied to room and board.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 7, 2025
8:25 AM